ODAC Newsletter Feb 3

High oil prices ensured that profits at the major oil companies rose again in 2011 – Shell’s full year profits leapt 54% to $28.6 billion while Exxon’s increased 35% to $41.1 billion. With this kind of money at stake it is no surprise it is almost impossible to get a sensible debate about our energy future…

Transport – Jan 31

-Rails-to-Trails Conservancy Busts Myth That “Nobody Walks” in Rural America
-What’s the Best Way To Get Users To Embrace Mass Transit? – Make it pleasant? Or make it efficient?
-House Transportation Bill “a March of Horribles”

Transport energy futures: long-term oil supply trends and projections (Australian peak oil report)

An peak oil report for the Australian government has just surfaced. Although the report was finished in 2009, it apparently was never released to the public and does not appear on a government website.

Conclusion: “the prospects for the potential supply of world conventional petroleum liquids can be summarised as ‘flattish to slightly up for another eight years or longer (depending on the duration of the global economic slowdown) and then down’. Such a finding poses challenges for global transport and more generally, given the magnitude of the downturn foreseen for the rest of the century, and given the inertias inherent in our energy systems and transport vehicle fleets”

(Excerpts. Link to complete report.)

The peak oil crisis: gasoline in 2012

Short of a supply disruption, it is hard to imagine U.S. gasoline prices going to $5 a gallon this year, although $4 looks like a good bet. The economic and political turmoil that would ensue as gasoline climbed beyond $4 without any obvious cause would be unprecedented. With the US in the midst of federal elections, pressure on the administration to do something as more and more people were forced out of work would be unprecedented.

Winter in Maine

MARCH 21, 2008. The calender says spring is here, twelve hours of sunlight, seed catalogues, almost empty woodshed. Outside, Mother Nature will have none of it…

FAST FORWARD TO DECEMBER 22, 2011. We’ve just had our warmest November on record. The woods and fields are brown and unfrozen….

In with the new: part III of “As economic growth fails, how do we live?”

In this third and final article in this series, we will discuss seven new ways of living which we can adopt as economic growth fails. They are not revolutionary (revolutions never achieve their utopian visions because of something called “human nature”). Rather, they may allow us to “muddle through” the best we can right now with what we already know how to do. We will do these things because they will work — and we certainly need to stop doing things that don’t work, and find new ways that will work.